Oak Group Holdings is demonstrating its commitment to significant growth, after recently announcing a transformational business update with the acquisition of Exhaust, Tyres and Batteries (ETB).
Now the sole owner of ETB, adding two wholesale sites and 52 retail shops across the Midlands, Wales and Southwest England to Oak’s portfolio, the focus is to enhance stock availability across the ETB network, bringing it in line with the high service levels the family-run business prides itself on.
Complementing the acquisition of ETB is the addition of Oak’s brand new 155,150 square feet storage and distribution facility in Newport.
With capacity to hold over 250,000 tyres, alongside a comprehensive fleet of heavy goods vehicles, there will be greater service and availability to brand dealers across the south west and South Wales.
Peter Cross, Oak Tyres’ Commercial Director, adds: “The first quarter of 2026 has been transformational for our family business in many ways. We have grown our wholesale network even further and we are working with the fantastic team at ETB to develop the service offer and stock availability to the retail trade across the region. We are committed to ensuring these developments enhance the quality service we always strive to deliver for our customers.”
Grant Thornton provided Corporate Finance Advisory and Financial, Tax and Due Diligence services to Oak. Mike Tillson, Partner at Grant Thornton Corporate Finance, said: “It’s been a pleasure to work with Oak and the Cross family on this exciting and transformational acquisition. We are sure that the combined Group will go from strength to strength and that ETB will be successful into the future under their ownership.”
DLA Piper, led by Michael Hudson, advised on legals. CG Professional, led by Managing Partner Louise Myers, advised on all employment aspects of the acquisition and continues to support Oak Group Holdings post-acquisition on a retained basis.
To keep up to date with the latest news from Oak, visit: www.oaktyres.co.uk.
